In 2010, Mozambique discovered massive offshore natural gas reserves that promised to transform the country’s economy. Mozambique’s current GDP is around $15 billion; the government expects sales from liquefied natural gas (LNG) to bring in $95 billion in revenue over the […]
The African Petroleum Producers’ Organisation (APPO) is finalizing plans to establish the Africa Energy Bank, aimed at providing financing for oil and gas projects in Africa. The move comes as international financing institutions, including the […]
NewsICC President Cyril Ramaphosa has said the governing African National Congress (ANC) party had resolved that South Africa should quit the International Criminal Court, which last month issued an arrest warrant against Russian President Vladimir […]
Johannesburg, South Africa – “This mine is a silent killer,” said Tiny Dlamini at Snake Park in Soweto, pointing at Johannesburg’s largest abandoned gold mine dump that looms over the impoverished settlement. During over a […]
The lack of affordable and reliable electricity in numerous African countries is a prominent problem for both citizens and businesses. To address this issue, African utilities need to be able to make electricity affordable and […]
Last summer, we looked at the collapse of the power grid in South Africa. The country which previously had the most economically stable and prosperous government in sub-Saharan Africa suffered waves of unemployment and looting as its […]
Home Fossil Energy More drilling on the cards for ‘promising and significant opportunities’ off South Africa Canadian oil and gas company Africa Oil Corp. and its partners are setting the wheels into motion to undertake offshore […]
On Tuesday, March 21 at 19:30 GMT:Government leaders in Uganda and Tanzania say a rapidly developing oil drilling and cross-border pipeline programme will lift people’s living standards across the region. But some residents living near […]
South Africa’s anti-corruption watchdog has cleared President Cyril Ramaphosa of any wrongdoing in a preliminary report into a cover-up scandal that has tarnished his reputation, according to local media reports. The Public Protector said it […]
(Bloomberg) – As China scoops up more and more discounted Russian oil, producers in Africa and South America are losing out. Angola is among the hardest hit at the moment, with daily oil exports to […]
Copyright © 2025 | Sandstone Group